Locu Obtains $623,000 Seed Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0b30a62c-6313-45b0-bb81-352428b04af5&Preview=1 -
Date
9/7/2011 -
Company Name
Locu -
Mailing Address
Undisclosed Cambridge, MA 02139 -
Company Description
Founded by MIT graduates and computer science researchers, Locu is creating the world’s largest semantically-annotated repository of real-time small-business data. We are excited to have the support and backing from a group of acclaimed angel investors and early-stage funds. -
Website
http://www.locu.com -
Transaction Type
Venture Equity -
Transaction Amount
$623,000 -
Transaction Round
Seed -
Proceeds Purposes
Proceeds purposes were not disclosed, however the company intends to launch its first service in the near future. -
M&A Terms
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Venture Investor
Quotidian Ventures -
Venture Investor
Individual Investor
